Economics and Business
Economics and Business - Satisfactory - Year 10
This portfolio of student work shows that the student can explain why and how governments manage economic performance to improve living standards (WS1). The student gives simple explanations for variations in economic performance and standards of living within and between economies (WS1). The student describes how businesses respond to changing economic conditions and improve productivity (WS2). The student describes the effect of organisational and workforce management on business performance (WS2).
When researching, the student develops questions and formulates hypotheses to frame an investigation of an economic or business issue or event (WS1). The student gathers reliable data and information from different sources to identify trends, explain relationships and make predictions (WS1). The student generates alternative responses to an issue, taking into account multiple perspectives (WS2). The student applies economics and business knowledge, skills and concepts to familiar, unfamiliar and complex hypothetical problems (WS2). The student develops and presents evidence-based conclusions and reasoned arguments incorporating different points of view (WS1, WS2). The student uses appropriate texts, subject-specific language, conventions and concepts (WS1, WS2). The student describes the intended and unintended effects of economic and business decisions and identifies the potential consequences of alternative actions (WS1, WS2).